Tag
Oil and Gas
4 articles
Cenovus to Buy Athabasca Oil for C$5.7B, Betting on Oil Sands Scale
Cenovus Energy agreed to acquire Athabasca Oil for C$12 per share, adding 45,000 barrels of daily production and targeting 115,000 BPD by 2032.
Halliburton Drops on Oil Weakness Ahead of Q3 Earnings Oct. 20
HAL fell 3.25% as crude oil retreated and investors await Q3 results; stock trades at a 32% discount to sector peers on a forward P/E basis.
India Orders LPG Output Surge as Hormuz Risk Exposes Structural Import Dependence
Refiners face production targets under six-month review after Hormuz disruption exposed a structural dependence on imported LPG covering 90 percent of national supply.
Black Stone Minerals Faces Oil Price Risk; NextEra Energy Delivers Growth
Investors should exit Black Stone Minerals due to commodity price exposure and limited operational control, reallocating capital to NextEra Energy's renewable pipeline